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Thousands of batteries are produced every day in a certain manufacturing plant.The quality control specialist is interested in how long it takes for each battery to fail when used in a moderately sized appliance,like a portable radio or CD player.The quality control specialist will take a simple random sample of 2000 batteries produced at this plant over the next four days.These batteries will be put into a variety of moderately sized appliances and the average of all failure times will be computed.Which of the following probability distributions is most appropriate to model the average time until failure of these 2000 batteries?
Capital
Financial assets or the financial value of assets, such as cash and goods, used by a business to generate wealth through investment or production.
Services for Cash
Transactions in which services are provided with immediate payment in cash, not involving credit terms.
Liability
An obligation of a company or an individual arising from past transactions or events, leading to a future outflow of assets.
Revenue
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.
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